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Acquisition of the sportsbook aligns with the Stockholm-listed iGaming solutions provider’s growth strategy and is expected to close during Q4 2020 and have a “material positive effect” on its EBITDA as of 2021.Leading iGaming and sportsbook platform provider BtoBet will join forces with Aspire Global, after agreeing a deal comprising a cash consideration of €20m, €15 million of which is to be paid at closing and €5 million payable 12 months after closing.”...

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With our joined forces we will take this new global iGaming offering in every corner of the earth. The data additionally exposed a comparative 25% plunge for aggregated eSports takings to approximately ￡2.6 million (5....

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An additional performance-based consideration is payable two years from the close date and is seven times BtoBet’s EBIT in the second year from closing, less the €20 million purchase price.4 million) after posting a comparative 115% rise for June while associated slot takings decreased by 2% to approximately ￡162.Gibraltar-headquartered BtoBet boasts 32 operators on its sports betting platform across Europe, Latin America, and Africa and is a leading provider in the latter two....

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We have been in the industry for a long period of time and finally we met the perfect partner that matches our vision and with which we can build a stronger presence globally.Perfect partner:Also commenting on the acquisition, BtoBet founder and shareholder, Alessandro Fried, said…“I am truly enthusiastic by the opportunities we doubledown free bonus chips qluwsee by becoming part of Aspire Global, the powerhouse for iGaming operators.”New growth market access:Chief Executive Officer for Aspire Global, Tsachi Maimon, commented on the significance of the acquisition in a company press release, stating…“Aspire Global now enters the sports betting arena with storm strength....

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